Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 9 (1 point) Which of the following is a technique used to determine forecasting accuracy? A) mean absolute percent error ( B) moving average

image text in transcribedimage text in transcribed
image text in transcribedimage text in transcribed
Question 9 (1 point) Which of the following is a technique used to determine forecasting accuracy? A) mean absolute percent error ( B) moving average ( C) regression D) Delphi method O E) exponential smoothing_\\____'_" __ l-_r_"'__l Daily demand for newspapers for the last 10 days has been as follows: 12, 13, 16, 15, 12, 1B, 14, 12, 13, 15 (listed from oldest to most recent}. Forecast sales for the next day:r using a tweu-dayir weighted moving average where the weights are 3 and 1. O A) 1235 O B} 14.5 0 C) 12.25 0 Di 14 O E) 13.5

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

A First Course In Discrete Mathematics

Authors: John C Molluzzo, Fred Buckley

1st Edition

1478634383, 9781478634386

More Books

Students also viewed these Mathematics questions

Question

B-1. Explain why HRM is important to small businesses.

Answered: 1 week ago

Question

5. Give examples of binary thinking.

Answered: 1 week ago